Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $33.33 and traded as high as $38.00. Banco Latinoamericano de Comercio Exterior, S. A. shares last traded at $37.66, with a volume of 69,720 shares trading hands.
Banco Latinoamericano de Comercio Exterior, S. A. Stock Down 0.0 %
The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 2.73. The firm's 50-day moving average price is $36.11 and its 200 day moving average price is $33.43. The firm has a market cap of $1.38 billion, a P/E ratio of 6.91 and a beta of 1.16.
Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX - Get Free Report) last released its quarterly earnings results on Tuesday, October 29th. The bank reported $1.44 earnings per share for the quarter. Banco Latinoamericano de Comercio Exterior, S. A. had a return on equity of 16.01% and a net margin of 24.29%. The company had revenue of $209.64 million for the quarter. During the same period last year, the firm posted $1.25 EPS. As a group, research analysts expect that Banco Latinoamericano de Comercio Exterior, S. A. will post 4.6 earnings per share for the current year.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Banco Latinoamericano de Comercio Exterior, S. A. stock. Beddow Capital Management Inc. lifted its stake in shares of Banco Latinoamericano de Comercio Exterior, S. A. (NYSE:BLX - Free Report) by 1.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 391,161 shares of the bank's stock after acquiring an additional 7,423 shares during the quarter. Banco Latinoamericano de Comercio Exterior, S. A. comprises about 5.2% of Beddow Capital Management Inc.'s investment portfolio, making the stock its 4th biggest holding. Beddow Capital Management Inc. owned 1.07% of Banco Latinoamericano de Comercio Exterior, S. A. worth $12,709,000 at the end of the most recent reporting period. 19.47% of the stock is owned by hedge funds and other institutional investors.
About Banco Latinoamericano de Comercio Exterior, S. A.
(
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Banco Latinoamericano de Comercio Exterior, S. A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. The company operates in two segments, Commercial and Treasury. It offers bilateral loans; structured loans including syndicated and clubbed, such as acquisition and pre-export financing, A/B loan financing, bridge loans, and liability management; and project financing.
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